Egypt Achieves 181% Growth in Financial Inclusion, Boosting MSME Support and Women’s Empowerment

Egypt has achieved a 181% increase in financial inclusion between December 2016 and June 2024, expanding financial access to 48.1 million citizens. MSMEs have also seen substantial growth, with microfinance funding rising 1,350%. Efforts include expanding financial technology and supporting women’s empowerment and public service improvements.

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Egypt’s Telecom Operators Agree to New Penalty System to Boost Service Quality

Egypt’s four telecom operators have signed new agreements to enhance service quality, with updated penalties for operators who fail to meet standards. These fines will be reinvested into infrastructure improvements, particularly in remote areas, to improve mobile services nationwide. The initiative aligns with efforts to boost Egypt’s global telecom ranking.

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Bahrain Launches Global Digital Twinning Initiative to Enhance eGovernment Excellence

Bahrain has launched the “Global Digital Twinning for eGovernment Excellence” initiative to share its digital governance expertise with partner countries. The programme highlights Bahrain’s leadership in digital transformation, with innovations such as integrated government services and advanced digital platforms. This initiative aims to enhance global digital collaboration and governance.

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HRH Prince Salman Meets Crypto.com President to Discuss Bahrain’s Digital Transformation and Financial Services Growth

HRH Prince Salman bin Hamad Al Khalifa met Crypto.com president Eric Anziani to discuss Bahrain’s commitment to advancing financial services and digital technology. During the meeting, they explored Bahrain’s role in fostering investment in fintech and received a new Mastercard prototype from Crypto.com, marking a milestone for the region.

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Algeria’s Digital Transformation: Modernizing Internal Trade for a Digital Economy

Algeria is advancing its digital transformation by modernizing the internal trade sector, introducing 36 digital platforms to monitor markets and enhance transparency. This effort supports the country’s economic growth, improves service delivery, and strengthens regulatory frameworks in line with President Tebboune’s vision for a digitalized economy.

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Satellite Internet: Driving the GCC’s Digital Transformation and Bridging Connectivity Gaps

Satellite internet is revolutionizing connectivity in the GCC, bridging the digital divide and supporting sectors like education, agriculture, and SMEs. This technology is enhancing industries such as oil and gas and driving the region’s Fourth Industrial Revolution. Key players like Starlink and AST SpaceMobile are shaping the future of connectivity.

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